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Bramble Inc. uses the perpetual inventory system and the weighted average cost formula to valore inventories on August 1, there were 6000 units valued at
Bramble Inc. uses the perpetual inventory system and the weighted average cost formula to valore inventories on August 1, there were 6000 units valued at $12000 in the beginning inventory. On August 10, 9000 units were purchased for 58 per unit. On Aupast 15, 9000 units were sold for $14 per unit. The amount charged to cost of goods on August 15 was $36000. 550400 $72000 $54000
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